It’s not that I want money. It’s the fun of making money and watching it grow.
Interpretation
The joy comes not from money itself, but from the process of earning and growing it.
This quote by Warren Buffett emphasizes that the true satisfaction derived from money lies in the journey of making it and observing its growth, rather than in the money's mere existence. It highlights the idea that the pursuit and experience associated with wealth creation can be more fulfilling than the financial rewards themselves.
In practice
In a motivational speech about entrepreneurship, you could use this quote to inspire others to embrace the process of business.
I have no views as to where it will be, but the one thing I can tell you is it won't do anything between now and then except look at you. Whereas, you know, Coca-Cola (KO) will be making money, and I think Wells Fargo (WFC) will be making a lot of money and there will be a lot - and it's a lot - it's a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.
If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. _x000D_ You need to fill your mind with various competing thoughts and decide which make sense.
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
True success has more components than one sentence or idea can contain.
There’s nobody taking center from me until I give it up.
Success comprises in itself the seeds of its own decline and sport is not spared by this law.
It is the combination of reasonable talent and the ability to keep going in the face of defeat that leads to success.
It's been a journey, the NBA. It's taken me a lot farther than I ever expected.
It is the 'follow through' that makes the great difference between ultimate success and failure, because it is so easy to stop.
Subscribe for the occasional hand-picked quote. No noise.